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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Bitcoin mining company MARA allocates 500 BTC to Two Prime's yield strategy.
BlockBeats News, on May 22, according to The Block, Bitcoin miner MARA Holdings announced the expansion of its partnership with SEC-registered Bitcoin investment advisor Two Prime to allocate 500 BTC (from its 48,137 BTC reserves) to its managed income strategy. MARA plans to further expand its Bitcoin holdings through a $2 billion share offering. Two Prime generates returns for institutional investors through a custom Bitcoin derivatives strategy, with $2.5 billion in capital.